Definitions for business model
busi·ness mod·el

WiktionaryRate this definition:0.0 / 0 votes

1. business modelnoun

   The particular way in which a business organization ensures that it generates income, one that includes the choice of offerings, strategies, infrastructure, organizational structures, trading practices, and operational processes and policies.

WikipediaRate this definition:0.0 / 0 votes

1. Business model

   A business model describes how an organization creates, delivers, and captures value, in economic, social, cultural or other contexts. The process of business model construction and modification is also called business model innovation and forms a part of business strategy.In theory and practice, the term business model is used for a broad range of informal and formal descriptions to represent core aspects of an organization or business, including purpose, business process, target customers, offerings, strategies, infrastructure, organizational structures, sourcing, trading practices, and operational processes and policies including culture.

WikidataRate this definition:0.0 / 0 votes

1. Business model

   A business model describes the rationale of how an organization creates, delivers, and captures value. The process of business model construction is part of business strategy. In theory and practice the term business model is used for a broad range of informal and formal descriptions to represent core aspects of a business, including purpose, offerings, strategies, infrastructure, organizational structures, trading practices, and operational processes and policies. The literature has provided very diverse interpretations and definitions of a business model. A systematic review and analysis of manager responses to a survey defines business models as the design of organizational structures to enact a commercial opportunity. Further extensions to this design logic emphasize the use of narrative or coherence in business model descriptions as mechanisms by which entrepreneurs create extraordinarily successful growth firms. Whenever a business is established, it either explicitly or implicitly employs a particular business model that describes the architecture of the value creation, delivery, and capture mechanisms employed by the business enterprise. The essence of a business model is that it defines the manner by which the business enterprise delivers value to customers, entices customers to pay for value, and converts those payments to profit: it thus reflects management’s hypothesis about what customers want, how they want it, and how an enterprise can organize to best meet those needs, get paid for doing so, and make a profit.

How to pronounce business model?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say business model in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of business model in Chaldean Numerology is: 6

2. Pythagorean Numerology

   The numerical value of business model in Pythagorean Numerology is: 4

Examples of business model in a Sentence

1. Corey Lewandowski:

   The media is now focusing on a private person who had a private business model, which no one says there’s anything illegal about what he did.

2. Brett Kavanaugh:

   The NCAA’s business model would be flatly illegal in almost any other industry in America.

3. President Nir Zohar:

   This is a great testament that the freemium business model is really working.

4. Bill Russo:

   They managed to stop the bleeding and increase average selling price, good sign, but they need to do more to localize their business model to address the growth in non-hardware related mobility and digital services if they are to recapture growth.

5. Philip Gorham:

   This is bad news for the smaller players and good news for the tobacco companies, whose business model relied on mass manufacturing, not personalized products.

References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Business_Model
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Business_Model
3. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=business model